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1. Geneva Co. reports the following information for July: Sales $ 801,000 Variable costs 242,000 Fixed costs 117,000 Calculate the contribution margin for July. 2.

1. Geneva Co. reports the following information for July:

Sales $ 801,000
Variable costs 242,000
Fixed costs 117,000

Calculate the contribution margin for July.

2. Alexis Co. reported the following information for May:

Part A
Units sold 6,600 units
Selling price per unit $ 960
Variable manufacturing cost per unit 600
Sales commission per unit - Part A 96

What is the manufacturing margin for Part A?

3. Cameroon Corp. manufactures and sells electric staplers for $16.50 each. If 10,000 units were sold in December, and management forecasts 4.5% growth in sales each month, the number of units of electric stapler sales budgeted for March should be:

4. Ruiz Co. provides the following unit sales forecast for the next three months:

January February March
Sales units 3,500 4,700 5,500

The company wants to end each month with ending finished goods inventory equal to 20% of the next months sales. Finished goods inventory on December 31 is 700 units. The budgeted production units for February are:

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